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20130124
20130201
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do we mean just raising taxes? isn't most of the austerity in europe raising taxes? >> no. >> not in greece? >> it would actually be starting to collect taxes. >> we raise taxes, which have to do with the middle class -- >> that's the austerity you're talking about, raising taxes? >> yes. >> and also the cutting of wages. we have a dramatic cut in wages, not only in the public sector, but also in the private sector. because the economy, the basis itself on small and medium enterprises, which mainly produce for the domestic market, this has been a distraction. we have lost a lot of jobs, a lot of company, the private sector in a very bad state, in a country which was growing with a rate of more than 4%. but this double -- >> so much more than you were taking in at that point. there's a deficit that has to be paid off. and the measures you're talking about, technology and organizing the economy could take a long time to kick in. >> this is correct. but the main problem in greece was always state revenues. because they do not tax the rates. they allow tax evasion for the weal
shape. >> taxes maybe. >> taxes are an issue, but. >> yesterday, i was told walmart are trying to deal with this now. people are coming in to try to buy things and people are getting pennies out of their pocket. >> walmart, they were able to see that people would be coming into the shore as their paychecks came in. they were coming in really late at night on a monday or whatever the cycle was. >> my brother is in food sales. he says at the end of the month, and you don't even have to go in and is visit some of the merchants. people don't have money and they're not really buying anything. there's a real cycle. >> did you hear it being used at the end of the month? i like that better than at the end of the day. >> that's underused. i hear people say at the end of the day. sometimes we ask them a question and they say it five times in the answer. every time they say it, they go, it was good that i saved it. at the end of the year, what will the toelgdz to 13 have been? >> i think around 2%. i don't think it's accelerating. i'm concerned about the impact of global growth, i'm concerned abo
of potentially getting out of the eurozone. today, he took a different tactic. we talked about not raising tax rates, but as corporations around the world both affecting issues in the uk and elsewhere are becoming a real issue. i want you to take a look at this piece. >> individuals and bess must pay their fair var. and businesses who think they can carry on, they can keep selling to the uk, and selling uk tax arrangements are for you to wake up and sell the company. >> that comment, by the way, about coffee is actually about starbucks which has created some problems because they've been avoiding taxes in the uk. but take a look at this quote right here. david cameron not making friends. labor mp dennis skinner says it was gruesome for the prime minister to be heading out of austerity-riddled britain to wine and dine at davos with 50 top bankser who helped create the economic crash several hundred tax avoiding milliona e millionaires. >> a lot of people talk today about a report. there was a report earlier this morning that mr. oh lund discovered averting. in total, the report was said to be
. >> what do you make of the tax issue which is starting to hit -- this is one of becky's big issues. she's been writing about about this -- how many years? >> the tax issue? >> the tax issue. >> the tax issue -- >> the -- the sales -- online sales tax. >> california and texas were hit this quarter. it could have played a role and probably did because u.s. revenues were lighter than international. i think for the most part there's a tradeoff. i think as they don't have to worry about violating the statute which is the no presence. and when they go down the path of actually charging sales taxes, that does mean they can actually move closer to the consumers, build some of the fulfillment centers there and offer some of the amazon conveniences. >> and i think amazon is actually behind some sort of a compromise that would bring you revenue on a per state basis at least. >> right. it is going to affect the bottom line ultimately. >> it -- i think so. i think that there's a lot of areas in investment i think for amazon below the gross profit line. i think we focus a lot, investors focus a lot o
Search Results 0 to 3 of about 4